La Gorce mansion asking $88M tops last week’s signed contracts

A wealthy German family secured a buyer for their waterfront Miami Beach mansion asking $88 million. 

The pending sale topped last week’s Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade County that are included in the Multiple Listing Service. Buyers signed 16 contracts between March 31 and April 6. The properties spent about 131 days on the market, on average. 

Forty-one luxury listings were added to the market, for a total of 1,351 listings.

The asking dollar volume for the eight single-family homes and eight condos under contract last week totals $208.3 million, according to the report, which is authored by the Douglas Elliman team led by Fredrik Eklund and John Gomes. 

At the top of the report is the contract inked for 88 La Gorce Circle in Miami Beach. The nine-bedroom, 12-bathroom and three-half-bathroom estate spans 21,659 square feet on over an acre. The house was built in 2008. Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty has the listing. Ryan Mendell of Maxwelle Real Estate Group is representing the buyer. 

The La Gorce property includes a “Guggenheim-inspired” staircase with a skylight, two docks, a 100-foot pool, a guest house, a five-car garage and staff quarters, according to the listing. Records show the Kollmann family’s Okto owns the property. Mendell wrote that the buyer is working with designers and architects to make the property “even more spectacular than it already is.” Gonzalez and Mendell declined to name the buyer. 

The single-family homes that entered into contract last week had an average asking price of $16.4 million and spent an average of 142 days on the market. They totaled $131.4 million in asking dollar volume. 

The condos that secured buyers last week had an average asking price of $9.6 million and spent 121 days on the market, on average. They totaled $76.9 million in asking dollar volume, or $2,649 per square foot.

A unit at Palazzo Del Sol on Fisher Island, asking $18 million, marked the priciest condo to secure a buyer last week. The nearly 4,700-square-foot, four-bedroom and four-and-a-half-bathroom condo is owned by hedge fund manager Hal Mintz and his wife, Allison Mintz, records show. Unit 7012 at 7012 Fisher Island Drive is on the market with Dora Puig of Luxe Living Realty. Fredrik Eklund of Elliman’s Eklund-Gomes Team is representing the buyer. 

The previous week, buyers signed contracts for 28 properties in Miami-Dade, asking a combined $228.3 million.

Last week in New York, buyers signed contracts for 27 homes, according to the latest Olshan report. Their combined asking price was $188.4 million, and the typical home spent 997 days on the market.